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Stocks Comparison

Arq vs Flexible Solutions International: revenue, profit, margins and growth compared

Arq brought in $120.3M of revenue in fiscal 2025, Flexible Solutions International $38.5M in fiscal 2025. Revenue changed by +10.4% at Arq and +0.7% at Flexible Solutions International on the year before, so Arq grew faster. Arq kept -43.7% of its revenue as net profit, Flexible Solutions International 2.0%. Free cash flow was -$11.3M at Arq and -$591.7K at Flexible Solutions International.

Side by side, latest fiscal year

ARQFSI
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$120.3M$38.5M
Revenue growth+10.4%+0.7%
Net income-$52.6M$786.9K
Net margin-43.7%2.0%
Free cash flow-$11.3M-$591.7K
Free cash flow margin-9.4%-1.5%
Earnings per share (diluted)-$1.27$0.06
Cash$6.6M$6.6M
Debt$28.7M$4.4M
Price to earningsn/a96.7
Market value$88.2M$74.1M
Dividend yieldn/an/a
Rank by revenue in sector#370 of 451 · Industrials#411 of 451 · Industrials

Over the years

Revenue
ARQ FY2018: $23.9MARQ FY2019: $70.1MARQ FY2020: $67.4MARQ FY2021: $100.3MARQ FY2022: $103MARQ FY2023: $99.2MARQ FY2024: $109MARQ FY2025: $120.3MFSI FY2018: $17.8MFSI FY2019: $27.4MFSI FY2020: $31.4MFSI FY2021: $34.4MFSI FY2022: $45.8MFSI FY2023: $38.3MFSI FY2024: $38.2MFSI FY2025: $38.5MFY18FY19FY20FY21FY22FY23FY24FY25
ARQ $120.3MFSI $38.5M
Net income
ARQ FY2018: $35.5MARQ FY2019: $35.5MARQ FY2020: -$20.3MARQ FY2021: $60.4MARQ FY2022: -$8.9MARQ FY2023: -$12.2MARQ FY2024: -$5.1MARQ FY2025: -$52.6MFSI FY2018: $2.5MFSI FY2019: $1.9MFSI FY2020: $3MFSI FY2021: $3.4MFSI FY2022: $7MFSI FY2023: $2.8MFSI FY2024: $3MFSI FY2025: $786.9KFY18FY19FY20FY21FY22FY23FY24FY25
ARQ -$52.6MFSI $786.9K
Net margin
ARQ FY2018: 148.1%ARQ FY2019: 50.7%ARQ FY2020: -30.1%ARQ FY2021: 60.2%ARQ FY2022: -8.7%ARQ FY2023: -12.3%ARQ FY2024: -4.7%ARQ FY2025: -43.7%FSI FY2018: 14.0%FSI FY2019: 7.0%FSI FY2020: 9.5%FSI FY2021: 10.0%FSI FY2022: 15.3%FSI FY2023: 7.2%FSI FY2024: 7.9%FSI FY2025: 2.0%FY18FY19FY20FY21FY22FY23FY24FY25
ARQ -43.7%FSI 2.0%
Revenue growth
ARQ FY2019: +192.7%ARQ FY2020: -3.9%ARQ FY2021: +48.9%ARQ FY2022: +2.7%ARQ FY2023: -3.7%ARQ FY2024: +9.9%ARQ FY2025: +10.4%FSI FY2019: +53.9%FSI FY2020: +14.5%FSI FY2021: +9.6%FSI FY2022: +33.2%FSI FY2023: -16.4%FSI FY2024: -0.2%FSI FY2025: +0.7%FY19FY20FY21FY22FY23FY24FY25
ARQ +10.4%FSI +0.7%
Free cash flow
ARQ FY2018: -$10.4MARQ FY2019: $54.4MARQ FY2020: $47.4MARQ FY2021: $19.8MARQ FY2022: -$15MARQ FY2023: -$44.2MARQ FY2024: -$74.7MARQ FY2025: -$11.3MFSI FY2018: -$2.4MFSI FY2019: $538.6KFSI FY2020: $4.6MFSI FY2021: $3.8MFSI FY2022: -$504.4KFSI FY2023: $1.1MFSI FY2024: $603.6KFSI FY2025: -$591.7KFY18FY19FY20FY21FY22FY23FY24FY25
ARQ -$11.3MFSI -$591.7K

Fiscal years as each company reports them; the two may end in different months.

Questions about Arq and Flexible Solutions International

Which is bigger by revenue, Arq or Flexible Solutions International?

Arq is bigger by revenue: $120.3M in fiscal 2025, against $38.5M for Flexible Solutions International in fiscal 2025.

Which keeps more of its revenue as profit, Arq or Flexible Solutions International?

Arq had a net margin of -43.7% in fiscal 2025; Flexible Solutions International had 2.0% in fiscal 2025.

Which grew revenue faster, Arq or Flexible Solutions International?

In their latest fiscal years revenue changed by +10.4% at Arq and +0.7% at Flexible Solutions International.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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